REMIT – INTERNATIONAL MONEY TRANSFER PLATFORM

ABOUT REMYT

Today the remittance market is worth over $500 billion, but it is still faced with derisking, high fees, insufficient transparency, Increase in settlement time, which threatens to make it more difficult for many to send and receive money.

Banks are responsible for major remittances in the world, but there are three dominant operators in the non-bank sector: Money Gram, RIA and Western Union. They operate about 1.1 million retail locations in 200 countries. However there are other players in the industry like: Currencyfair, Xe, world remit, transferwise etc. Remyt aims to decentralize remittance processes using blockchain technology by offering the cheapest fees, transparency and instant access.

The proportion of the remittance industry is more than $500 billion the goal of Remyt is to penetrate 5 percent of the market by the end of 2022.

REMYT is a decentralized peer-to-peer application platform, which provides an ecosystem where users have one wallet that enables them to send funds across borders. Remyt will make the process of money transfer by a foreign worker to an individual in his or her home country simple and fast.

Remyt will issue an ERC20 Remyt Token (XRT) for its ICO, which will be utilized as a medium of exchange in the Remyt Ecosystem.

Each Remyt Token is backed by physical Gold, held in multiple secure storage facilities. At the end of every financial quarter, 20% of total profits (from internal exchange fees, Remittance administrative fees, CIP administrative fees) will be used to buy more gold thereby increasing our gold reserve. Every half-year the gold reserve will be audited by a third party audits whose report will be made available to token holders.

Remyt Pre-ICO will be on the 1st April 2018 while ICO will start on the 23rd April 2018 and end on 6th July 2018. During the ICO period 5,000,000 Remyt Token will be sold in 5 rounds of 1 million each. Each round will last for 7 days on first come first serve basis. The ICO price will increase each round by $0.1

There will be no peer to peer sales of Remyt Tokens until internal exchange is ready. (Beware of those offering to sell Remyt Tokens via social media)

Pre-ICO Price - $0.50 per token (only 100,000 Remyt Tokens will be sold in just one day based on first come first serve basis)

Pre-ICO Price - $0.50 per token (only 100,000 Remyt Tokens will be sold in just one day based on first come first serve basis)

Our CIP is not a lending program but an investment program. CIP earnings are 100% profits, generated from our Cryptocurrency trading on selected crypto trading platform. That is why 30% of the ICO funds are allocated to Crypto Trading.

Remyt - the first remittance ecosystem with a cryptocurrency secured by physical gold We
create a safe remittance ecosystem which will ease the process of sending funds to your
home country or any country.
In this way we create:

A Remyt token backed by 0.01g of physical gold for a start, to secure your
funds while you use our services
An investment mechanism to enable you make additional income towards
meeting your dream financial goal
An ecosystem that enable Money Transfer Operators, Cryptocurrency
traders/professionals to partner with Remyt.

What is Remit?

Remyt is a decentralized peer-to-peer application platform, which provides an ecosystem where users have one wallet that enables them to send funds across borders. Remyt will make the process of money transfer by a foreign worker to an individual in his or her home country simple and fast. Today the remittance market is worth over $500 billion, but it is still faced with derisking, high fees, insufficient transparency, Increase in settlement time, which threatens to make it more difficult for many to send and receive money.
Banks are responsible for major remittances in the world, but there are three dominant operators in the non-bank sector: Money Gram, RIA, and Western Union. They operate about 1.1 million retail locations in 200 countries. However, there are other players in the industry like Currencyfair, xe, world remit, transferwise etc. Remyt plans to decentralize remittance processes using blockchain technology by offering the cheapest fees, transparency and instant access.
Currently, the money transfer market costs more than $ 500 billion, but for the high profitability and popularity of this niche, there are still a number of problems present in the industry. Issues such as high commissions, lack of transparency, duration of operations, still put their shadow on the popularity of the platform for remittances.
Remyt is a decentralized peer-to-peer application platform that provides ecosystems where users have a wallet that allows them to send cross-border funds. Remyt will help make the process of transferring money from abroad to your relatives and friends very quickly and easily.
To date, there are 3 main companies that dominate the money transfer market: Money Gram, RIA, and Western Union. They employ approximately 1.1 million sales outlets in 200 countries. However, there are other players in the industry, such as: Currencyfair, Xe, Remitatsiya world, transmissions, etc. Remyt is aimed at decentralizing the remittance process using blockchain technology, offering the cheapest rates, transparency and instant access.
Remote Functionality:



To further their business, Remyt will issue an ERC20 token (XRT) for its ICO, which will be used as an exchange tool in the Remyt Ecosystem.

BACKED BY GOLD

Each Remyt Token is backed by 0.01g of physical gold for a start.

GROWING VALUE

20 percent of our profit will be used to buy more gold every Quarter.

TRANSPARENCY

Audit of our gold reserve once every half-year

TOKEN SALE AND ICO

COIN SPECIFICATION

Name: Remyt Token

Symbol: XRT

Total supply: 5,500,000

ICO: 5,000,000

Affiliates & Bounty: 200,000

Remyt Team: 200,000 ( Locked for 2 years )

Pre-ICO: 100,000

Decimal place: 18

Platform: Ethereum

Start date: 1st April 2018

Mode of Remyt Purchase: Bitcoin, Ethereum, Litecoin, EOS

Starting Price: $0.50

ICO DETAILS

Remyt Pre-ICO will begin on April 1, 2018

ICO will begin on April 23, 2018 and finish on July 6, 2018.

During the ICO period, 5,000,000 memories will be sold in 5 rounds of 1 million each.

Each round will last 7 days from the date of first reception. ICO price will increase every round by $
0.1. The price for ICO is $ 0.50 per token (only 100,000 replica tokens will be sold in just one day based on the first receipt)

FUNDS ALLOCATION

ROADMAP

FURTHER INFORMATOIN


Website: https://remyt.org/

ANN: https://bitcointalk.org/index.php?topic=3179339/

White Paper: https://remyt.org/whitepaper.pdf

Facebook: https://web.facebook.com/remytproject/

Twitter: https://twitter.com/remytproject


Telegram: https://t.me/remytproject

My profile:https://bitcointalk.org/index.php?action=profile;u=2071847